CIO Business Intelligence

JUNE 7, 2022

What are the four types of data analytics? More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. In business analytics, this is the purview of business intelligence (BI).

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

IBM Big Data Hub

SEPTEMBER 19, 2023

Overview: Data science vs data analytics Think of data science as the overarching umbrella that covers a wide range of tasks performed to find patterns in large datasets, structure data for use, train machine learning models and develop artificial intelligence (AI) applications.

Data Science 85

Data Science Data Analytics Prescriptive Analytics Analytics 85

Rocket-Powered Data Science

OCTOBER 6, 2023

Using the same statistical terminology, the conditional probability P(Y|X) (the probability of Y occurring, given the presence of precondition X) is an expression of predictive analytics. By exploring and analyzing the business data, analysts and data scientists can search for and uncover such predictive relationships.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

FineReport

APRIL 26, 2023

This has led to the emergence of the field of Big Data, which refers to the collection, processing, and analysis of vast amounts of data. With the right Big Data Tools and techniques, organizations can leverage Big Data to gain valuable insights that can inform business decisions and drive growth.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

IBM Big Data Hub

JULY 27, 2022

Specifically, AIOps uses big data, analytics, and machine learning capabilities to do the following: Collect and aggregate the huge and ever-increasing volumes of operations data generated by multiple IT infrastructure components, applications and performance-monitoring tools.

Prescriptive Analytics 93

Prescriptive Analytics Descriptive Analytics Data-driven Cost-Benefit 93

FineReport

MARCH 24, 2024

Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios. Diagnostic analytics: Uncovering the reasons behind specific occurrences through pattern analysis. Descriptive analytics: Assessing historical trends, such as sales and revenue.

Statistics 52

Statistics Data mining Visualization Reporting 52

Domino Data Lab

JUNE 2, 2019

One of my favorite presentations—and the one I kept hearing quoted by attendees —was the day 1 keynote “ Data Science at Netflix: Principles for Speed & Scale” by Michelle Ufford. She had much to say to leaders of data science teams, coming from perspectives of data engineering at scale. Pete Skomoroch.

Data-driven 110

Data-driven Data Science Machine Learning Modeling 110